Public Banking Project's Avatar

Public Banking Project

@publicbanking

The PBP is a first-of-its-kind #PublicBank research initiative housed at McMaster University https://publicbanking.mcmaster.ca/ Directed by Thomas Marois linkedin.com/in/thomas-marois-853278a7

436
Followers
450
Following
67
Posts
27.11.2024
Joined
Posts Following

Latest posts by Public Banking Project @publicbanking

Post image

Might Canada benefit from a new national #PDB? Absolutely ... if built in the #publicinterest.

publicbanking.mcmaster.ca/resources/

03.03.2026 23:03 πŸ‘ 3 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0
Preview
Emerging Scholar Award - Public Banking [...]Read More...

πŸ“£ 2026 Emerging Scholar Research Paper Award on Public Development Banks
Submission Deadline: 16 January 2025
#PublicBank students & recent grads don't miss this! The inaugural emerging scholar research paper award sponsored by the @publicbanking.bsky.social & AFD France.
For more: bit.ly/3KZymDQ

15.12.2025 20:38 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0

Tomorrow ...

15.01.2026 14:31 πŸ‘ 0 πŸ” 0 πŸ’¬ 0 πŸ“Œ 0

Deadline 16 January 2026!!

29.12.2025 19:21 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Post image

‼️2026 Emerging Scholar Research Paper Award on Public Development Banks‼️

🚩 Submission Deadline: 16 January 2025 🚩

Sponsored by McMaster University @publicbanking.bsky.social and @afd-france.bsky.social

Follow the link ⬇️
publicbanking.mcmaster.ca/pbp-grn-emer...

@thomasmarois.bsky.social

12.12.2025 16:09 πŸ‘ 4 πŸ” 5 πŸ’¬ 1 πŸ“Œ 3

Deadline 16 January 2026!!

29.12.2025 19:21 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Post image

‼️2026 Emerging Scholar Research Paper Award on Public Development Banks‼️

🚩 Submission Deadline: 16 January 2025 🚩

Sponsored by McMaster University @publicbanking.bsky.social and @afd-france.bsky.social

Follow the link ⬇️
publicbanking.mcmaster.ca/pbp-grn-emer...

@thomasmarois.bsky.social

12.12.2025 16:09 πŸ‘ 4 πŸ” 5 πŸ’¬ 1 πŸ“Œ 3
Background image of Canadian dollar bills with an illustration of the banking system drawn on top of a bill. β€œWEBINAR” β€œBUILDING A BETTER BANK: RECLAIMING
PUBLIC MONEY FOR PUBLIC GOOD” β€œDecember 15th 7 pm ET / 4 pm PT” β€œRegistration link in bio”
β€œCanadian banks invest in fossil fuels, weapons, and mining - jeopardizing our future.
What alternatives do we have?” Change Course logo in bottom left corner.

Background image of Canadian dollar bills with an illustration of the banking system drawn on top of a bill. β€œWEBINAR” β€œBUILDING A BETTER BANK: RECLAIMING PUBLIC MONEY FOR PUBLIC GOOD” β€œDecember 15th 7 pm ET / 4 pm PT” β€œRegistration link in bio” β€œCanadian banks invest in fossil fuels, weapons, and mining - jeopardizing our future. What alternatives do we have?” Change Course logo in bottom left corner.

MARK YOUR CALENDARS 🏦 Don’t miss @changecourse-ca.bsky.social's upcoming webinar: Building a Better Bank: Reclaiming Public Money for Public Good 🌱

πŸ—“οΈMonday, December 15th at 7-8:30pm EST / 4-5:30 pm PST

Register here: https://actionnetwork.org/events/building-a-better-bank?source=direct_link&

09.12.2025 16:52 πŸ‘ 9 πŸ” 5 πŸ’¬ 2 πŸ“Œ 1
Post image Post image Post image

You will hear from Rafaela Sa a research associate at the Public Banking Project and a PhD student in Political Science (International Relations) at McMaster University and @cupwsttp.bsky.social representative Adrian Murray and Lindsay Mathyssen.
😍Full bio in graphic below!
#Cupw

10.12.2025 18:57 πŸ‘ 2 πŸ” 1 πŸ’¬ 2 πŸ“Œ 0
The Municipal Finance Authority of British Columbia (MFA BC)
offers valuable insights into how the financing of sustainable
infrastructure can be addressed by cities for cities. The MFA BC
offers long-term, low-cost, and appropriate financing to B.C. local
governments, based on cooperative values and the MFA BC’s
pro-public mandate. Because the MFA BC is owned by cities for
cities, it can pool the borrowing capacity of local governments
in B.C. The MFA BC is also backed by local property taxes,
meaning there is very little chance of the bank ever going bust.
Financial markets, from which the MFA BC borrows, like this,
and hence the MFA BC has a very strong AAA credit rating
(which is higher than the Province of B.C.’s). This, plus the fact
that the MFA BC is the sole lender to B.C. municipalities and
does not need to compete with private banks, means it can
provide the most competitive interest rates possible to local
governments (and other public bodies). Only 19 employees
manage over $10 billion in assets, making the MFA BC perhaps
the most efficient bank in the world (in terms of assets per
employee managed). It has also never suffered a loan default.
The MFA BC also offers municipal and public bodies an
investment option with very low fees charged. At the same
time, the MFA BC helps the training of local government
employees. The MFA BC collaborates with other public entities
to assess climate threats and align municipal operations with
sustainability principles. The MFA BC is a successful, financially
sustainable, and democratically governed public municipal
development bank that provides low-cost, long-term loans.

The Municipal Finance Authority of British Columbia (MFA BC) offers valuable insights into how the financing of sustainable infrastructure can be addressed by cities for cities. The MFA BC offers long-term, low-cost, and appropriate financing to B.C. local governments, based on cooperative values and the MFA BC’s pro-public mandate. Because the MFA BC is owned by cities for cities, it can pool the borrowing capacity of local governments in B.C. The MFA BC is also backed by local property taxes, meaning there is very little chance of the bank ever going bust. Financial markets, from which the MFA BC borrows, like this, and hence the MFA BC has a very strong AAA credit rating (which is higher than the Province of B.C.’s). This, plus the fact that the MFA BC is the sole lender to B.C. municipalities and does not need to compete with private banks, means it can provide the most competitive interest rates possible to local governments (and other public bodies). Only 19 employees manage over $10 billion in assets, making the MFA BC perhaps the most efficient bank in the world (in terms of assets per employee managed). It has also never suffered a loan default. The MFA BC also offers municipal and public bodies an investment option with very low fees charged. At the same time, the MFA BC helps the training of local government employees. The MFA BC collaborates with other public entities to assess climate threats and align municipal operations with sustainability principles. The MFA BC is a successful, financially sustainable, and democratically governed public municipal development bank that provides low-cost, long-term loans.

I learned about the BC Municipal Finance Authority from @thomasmarois.bsky.social @publicbanking.bsky.social and I think more Americans should hear about this publicbanking.mcmaster.ca/app/uploads/...

11.11.2025 18:39 πŸ‘ 7 πŸ” 3 πŸ’¬ 2 πŸ“Œ 1
Post image

Please join us Sunday, October 12 for a conversation with @publicbankla.bsky.social about how a public bank in LA could help us become a more sustainable city. Learn more and RSVP at www.ncsa.la/public_bank_.... #PublicBank

03.10.2025 00:38 πŸ‘ 10 πŸ” 5 πŸ’¬ 0 πŸ“Œ 0
Post image

BIG NEWS! LA City Councilmembers Imelda Padilla and Heather Hutt committed discretionary dollars to the LA Public Bank plan. They join 7 colleagues backing work to cut borrowing costs, reduce fees, and invest in housing, small biz & climate infrastructure. 🏦🌱

14.10.2025 21:21 πŸ‘ 7 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Post image

πŸ’§Evidence Brief on "Public Banks and Public Water in the Global South" explores how public banks are driving equitable and sustainable water and sanitation services across the Global South🌍

πŸ“– Read the full brief: publicbanking.mcmaster.ca/app/uploads/...

#PublicBanking #PublicWater #GlobalSouth

11.02.2025 18:05 πŸ‘ 5 πŸ” 3 πŸ’¬ 0 πŸ“Œ 0
Post image

@unctad.bsky.social is looking for a Multimedia Intern to join our communications team in Geneva, Switzerland.

Apply by 30 June ▢️ careers.un.org/jobSearchDes...

Explore other opportunities ▢️ bit.ly/unctadcareers

13.06.2025 12:59 πŸ‘ 2 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
What Happened Today Was a Really Big Deal
What Happened Today Was a Really Big Deal YouTube video by Heather Cox Richardson

Professor Heather Cox-Richardson, being clearβ€¦πŸŒ»
youtu.be/dJrTQvMYRTM?...

13.06.2025 13:02 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Video thumbnail

Banking for the People: How Democratic Oversight Funds Social Progress (Susan Spronk)

πŸŽ₯ Produced by the Municipal Services Project and the Public Banking Project in collaboration with the Transnational Institute

πŸ“š Learn more about the chapter: tinyurl.com/yew29h4t

23.05.2025 14:05 πŸ‘ 2 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Video thumbnail

Public Banking’s Global Impact: A $55 Trillion Force in Finance (Thomas Marois)

πŸŽ₯ Produced by the Municipal Services Project and the Public Banking Project in collaboration with the @tninstitute.bsky.social.

πŸ“š Learn more about newly released book: tinyurl.com/yew29h4t

#PublicBank #EconomicJustice

26.05.2025 23:33 πŸ‘ 2 πŸ” 3 πŸ’¬ 0 πŸ“Œ 1
Video thumbnail

πŸ›οΈWhy Public Banks Matter and Why We Must Protect Them (David McDonald)

πŸŽ₯ Produced by the Municipal Services Project and the Public Banking Project in collaboration with the @tninstitute.bsky.social.

πŸ“š Learn more about the newly released book: tinyurl.com/yew29h4t

30.05.2025 17:20 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Video thumbnail

πŸ›οΈ The Future of Public Services: Why International Dialogue Matters (By Melina Tobias)

πŸŽ₯ Produced by the Municipal Services Project and the Public Banking Project in collaboration with the Transnational Institute

πŸ“š Learn more about the book: tinyurl.com/yew29h4t

03.06.2025 13:56 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Video thumbnail

πŸ›οΈ Ensuring the Sustainability of Public Banks (By Thomas Marois)

πŸŽ₯ Produced by the Municipal Services Project and the Public Banking Project in collaboration with the @tninstitute.bsky.social

πŸ“š Learn more about the book: tinyurl.com/yew29h4t

05.06.2025 13:40 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Video thumbnail

πŸ›οΈ Ensuring the Sustainability of Public Banks (By Thomas Marois)

πŸŽ₯ Produced by the Municipal Services Project and the Public Banking Project in collaboration with the @tninstitute.bsky.social

πŸ“š Learn more about the book: tinyurl.com/yew29h4t

05.06.2025 13:40 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Video thumbnail

πŸ›οΈ The Future of Public Services: Why International Dialogue Matters (By Melina Tobias)

πŸŽ₯ Produced by the Municipal Services Project and the Public Banking Project in collaboration with the Transnational Institute

πŸ“š Learn more about the book: tinyurl.com/yew29h4t

03.06.2025 13:56 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0

Hard to think of a clear depiction of climate politics in Canada than provincial premiers calling for more pipelines and deregulation of oil and gas development as climate-amplified wildfires rage in their own provinces. #cdnpoli

02.06.2025 14:33 πŸ‘ 288 πŸ” 121 πŸ’¬ 22 πŸ“Œ 8
Post image Post image Post image

Had the honor of speaking at LA City Hall with Councilmembers
Eunisses Hernandez, Hugo Soto-Martinez, and Ysabel Jurado, as they committed their own funds to launch LA’s Public Bank plan. Institutional change takes time, persistence & collective will, but it’s happening.🏦✨ @publicbankla.bsky.social

02.06.2025 20:29 πŸ‘ 10 πŸ” 4 πŸ’¬ 0 πŸ“Œ 0
Post image Post image Post image

🌱 Why Build a Pro-Labour Public Banking Movement for Green & Just Transition? How?

The roundtable at the CAWLS Conference connected research, labour activism, and public finance to imagine how trade unions and civil society can co-design public banks that serve people and planet.

30.05.2025 17:08 πŸ‘ 3 πŸ” 3 πŸ’¬ 0 πŸ“Œ 0
Video thumbnail

πŸ›οΈWhy Public Banks Matter and Why We Must Protect Them (David McDonald)

πŸŽ₯ Produced by the Municipal Services Project and the Public Banking Project in collaboration with the @tninstitute.bsky.social.

πŸ“š Learn more about the newly released book: tinyurl.com/yew29h4t

30.05.2025 17:20 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Post image Post image Post image

🌱 Why Build a Pro-Labour Public Banking Movement for Green & Just Transition? How?

The roundtable at the CAWLS Conference connected research, labour activism, and public finance to imagine how trade unions and civil society can co-design public banks that serve people and planet.

30.05.2025 17:08 πŸ‘ 3 πŸ” 3 πŸ’¬ 0 πŸ“Œ 0

We need public banking

27.05.2025 07:24 πŸ‘ 1 πŸ” 1 πŸ’¬ 0 πŸ“Œ 0
Video thumbnail

Public Banking’s Global Impact: A $55 Trillion Force in Finance (Thomas Marois)

πŸŽ₯ Produced by the Municipal Services Project and the Public Banking Project in collaboration with the @tninstitute.bsky.social.

πŸ“š Learn more about newly released book: tinyurl.com/yew29h4t

#PublicBank #EconomicJustice

26.05.2025 23:33 πŸ‘ 2 πŸ” 3 πŸ’¬ 0 πŸ“Œ 1
Video thumbnail

Rethinking Public & Democratic Finance: Lessons from Germany’s KfW Bank (Thomas Marois)

πŸŽ₯ Produced by the Municipal Services Project and the Public Banking Project in collaboration with the @tninstitute.bsky.social.

πŸ“š Learn more about the chapter on the KfW Bank: tinyurl.com/yew29h4t

21.05.2025 16:04 πŸ‘ 3 πŸ” 2 πŸ’¬ 0 πŸ“Œ 0